Aug
04

NAI Earle Furman Closes Three Multifamily Transactions

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Village Park Apartments – Tony Bonitati and Kay Hill, both of NAI Earle Furman’s Multifamily Division, represented the seller of Village Park Apartments, Southwood Realty, based out of Gastonia, NC. The 132-unit complex, located at 110 Village Park Drive in Simpsonville, SC, was built in 1976 and 96 percent occupied at the time of sale. The buyer, Two Bridges Asset Managementout, based out of Brooklyn, NY, purchased the complex for $4,848,250. This is Bonitati and Hill’s second complex sold to this group in 2014.

Land for Multifamily Use – Earle Furman, SIOR, Jon Good, SIOR and Alexi Papapieris of NAI Earle Furman represented Camperdown Academy, Inc. in selling 16 acres of land for multifamily development at 501 Howell Road in Greenville, SC. Bonitati and Hill represented the buyer, Certus Partners, based out of Greensboro, NC. Certus Partners purchased the land for $2,000,000 and plans to build approximately 252 units on the site, which is next door to Camperdown Academy.

11 Vacant Townhome Units – Bonitati, Hill and Glenn Batson, all with NAI Earle Furman, represented Ameris Bank in selling 11 vacant townhome units at 507-535 E Perkins Creek Road in Seneca, SC. Jake Van Gieson, also with NAI Earle Furman, represented the buyer, Ben Glunt, who purchased the property out of foreclosure.

 

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    Categories : Greenville

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